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11-14-2012, 03:15 PM #2Senior Member
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Only the origination fee is an additional fee. All the other stuff was already built into the 1.19 factor. It's broken up this way because 19% interest would be considered usurious on a bank loan. The actual funded amount is $97,500. The real factor is 1.22 which is pretty damn good. However, I do work with MCA companies that offer a 12 month 1.28 for premium deals which is comparable to ACH loans.
Last edited by MCNetwork; 11-14-2012 at 03:26 PM.
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